Portal:European Union

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The European Union (EU) is a supranational political and economic union of 27 member states that are located primarily in Europe. The Union has a total area of 4,233,255 km2 (1,634,469 sq mi) and an estimated total population of over 448 million. The EU has often been described as a sui generis political entity (without precedent or comparison) combining the characteristics of both a federation and a confederation.

Containing 5.8% of the world population in 2020, EU member states generated a nominal gross domestic product (GDP) of around US$16.6 trillion in 2022, constituting approximately one sixth of global nominal GDP. Additionally, all EU states except Bulgaria have a very high Human Development Index according to the United Nations Development Programme. Its cornerstone, the Customs Union, paved the way to establishing an internal single market based on standardised legal framework and legislation that applies in all member states in those matters, and only those matters, where the states have agreed to act as one. EU policies aim to ensure the free movement of people, goods, services and capital within the internal market; enact legislation in justice and home affairs; and maintain common policies on trade, agriculture, fisheries and regional development. Passport controls have been abolished for travel within the Schengen Area. The eurozone is a group composed of the 20 EU member states that have fully implemented the economic and monetary union and use the euro currency. Through the Common Foreign and Security Policy, the union has developed a role in external relations and defence. It maintains permanent diplomatic missions throughout the world and represents itself at the United Nations, the World Trade Organization, the G7 and the G20. Due to its global influence, the European Union has been described by some scholars as an emerging superpower.

In 2012, the EU was awarded the Nobel Peace Prize. The United Kingdom became the only member state to leave the EU, in 2020; ten countries are aspiring or negotiating to join it. (Full article...)

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€2 commemorative coins are special euro coins minted and issued by member states of the Eurozone since 2004 as legal tender. The coins typically commemorate the anniversaries of historical events or draw attention to current events of special importance. Eighteen variations of €2 commemorative coins have been minted. €2 commemorative coins have become collectibles.

The basis for the commemorative coins derived from a decision of the European Council, which repealed the prohibition of changing the national obverse sides of euro coins from 1 January 2004 onwards.

The face value of the coins, typically is less than their intrinsic value of between €3 and €12. The exceptions are San Marino and the Vatican City, where coins from the former are regularly sold for between €30 and €40, while coins from the latter are very rarely obtained for less than €100. Issued designs are made public in the Official Journal of the European Union.

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Photo credit: User:Immanuel Giel
The European Coal and Steel Community was founded in 1951 to pool the steel and coal resources of its member-states, thus preventing another European war.

Did you know?

...that the President of Ireland, who serves as head of state, is elected for a seven year term and can be re-elected only once?

...that within the Eurozone the European Central Bank has the exclusive authority to set monetary policy?

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Prague

Prague is the capital and largest city of the Czech Republic. Situated on the Vltava river in central Bohemia, it is home to approximately 1.2 million people. Since 1992, the historic center of Prague has been included in the UNESCO list of World Heritage Sites. According to Guinness World Records, Prague Castle is the largest ancient castle in the world.

The land where Prague was to be built has been settled since the Paleolithic Age. Several thousands of years ago, there were trade routes connecting southern parts of Europe to northern Europe which passed through this area, following the course of the river. From around 500 BC the Celtic tribe known as the Boii, were the first known inhabitants of this region known by name. The Boii named the region Bohemia and the river Vltava. In between the 6th and 9th centuries AD the Germanic tribe Marcomanni migrated to Bohemia and other Germanic tribes followed during the 5th century AD, but in the 6th century their elites and majority of inhabitants moved to the Danubian area which enabled a Slavic tribe invading from the West, to settle this area. The Czech Slavic tribe came to Bohemia in the 6th century and Forefather Czech became the founder of the Czech nation.

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